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Tata Steel sells a subsidiary for Rs67 crore

Tata Steel sells a subsidiary for Rs67 crore
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First Published: Mon, Apr 02 2007. 02 06 PM IST
Updated: Mon, Apr 02 2007. 02 06 PM IST
PTI
Mumbai: Tata Steel will sell its cold rolling mill at Sisodra in Gujarat to Theis Precision Steel India for Rs 67 crore.
Tata Steel said the sale is subject to Theis completing certain conditions precedent by April 30, a company filing on the BSE said.
A sale agreement to this effect has been signed today. Theis Precision is an indirect wholly-owned subsidiary of Friedr Gustav Theis Kaltwalzweke of Germany.
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First Published: Mon, Apr 02 2007. 02 06 PM IST
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